Hey folks,
I subscribed to this forum several months ago but actually never took the time to either read or post until now.
Perhaps reading about fellow entrepreneurs' struggles, wins and losses would give me a fresh perspective on this uphill battle got me here or perhaps writing would help organize my thoughts and help me see things in a fresh light ?
To sum up my journey so far:
1. Was great at high school, but realised I was just going along with social expectations and never actually learned about that all important thing called money, so decided to go into business and learn about the business world by joining a good business school abroad.
2. Did well the first year, did poorly the second. Was not happy, dropped out and decided to go to another but better business school (in english language, unlike the other one).
Turned out to be a great choice, enjoyed and learned a lot however I noticed that I mostly enjoyed the entrepreneurship class and doing stuff outside of University.
3. In the mean time started doing a sales job as well as other jobs on the side and realised that my mental conditionning (social, education) was not leaning towards sales.
4. Graduated and moved into another city and went on to work and get experience in real life.
5. Was a great employee, did lots of jobs from service, sales, teaching, office jobs, banking and so on, but something did not feel right, after getting excited for the first months i would quickly reach the maximum i would learn form it and i felt i had to quit.
All the while i kept my entrepreneurial spirit repressed, because you know "career", rent and stuff.
So after lots of arguments with bosses, and sometimes health issues, I noticed that I either quit or got fired from no less than 5 jobs.
6. Met my mentor and moved back to my home country. Noticed I was sick (litterally, i developped breathing and stomach problems, but now all is healed and quite athletic) of living abroad and working for others and this entrepreneurship thing felt quite refreshing.
7. I had started a company prior, "just to see" and getting through the administrative hurdles and the set up was actually easy, but soon i realised i did not know what i was doing and needed guidance.
8. Realised that even with a mentor actually making money in business - when you don't have the security of a regular pay - is hard.
9. Understood that my talent was in setting people, deals, structures and companies up as a business intermediary. However been frustrated with so many "deals" and "negotiations" going hay wire (i.e. last minute arguments on the price and payment method, signed contracts where "banking issues" creep up, customers that sign contracts and then disappear, sellers that don't perform and let's not count the many deals in the pipeline that never make it to the final steps).
10. So far despite getting pretty close, i haven't cashed in on a single deal yet. Although i made a little bit of money some months ago, I don't count that as a "big real satisfying win".
11. My nerves now are impervious and I notice that I'm a bit detached as opportunities are plenty, I'm more concerned about the people I deal with (buyers, sellers, investors, project owners, partners,financial institutions etc.) and if these "parties" can finish a deal.
This used to be something to do out of curiosity but I now realise that I need to finish and see things through for once.
Any advice from fellow entrepreneurs who've been there, done that? What do the winners have to say? What's the grind like?
Someone in the business i heard said that if you get one win out of 10 deals then you're a boss.
What do you guys think?
Looking forward to hear from you all.
Best,
I subscribed to this forum several months ago but actually never took the time to either read or post until now.
Perhaps reading about fellow entrepreneurs' struggles, wins and losses would give me a fresh perspective on this uphill battle got me here or perhaps writing would help organize my thoughts and help me see things in a fresh light ?
To sum up my journey so far:
1. Was great at high school, but realised I was just going along with social expectations and never actually learned about that all important thing called money, so decided to go into business and learn about the business world by joining a good business school abroad.
2. Did well the first year, did poorly the second. Was not happy, dropped out and decided to go to another but better business school (in english language, unlike the other one).
Turned out to be a great choice, enjoyed and learned a lot however I noticed that I mostly enjoyed the entrepreneurship class and doing stuff outside of University.
3. In the mean time started doing a sales job as well as other jobs on the side and realised that my mental conditionning (social, education) was not leaning towards sales.
4. Graduated and moved into another city and went on to work and get experience in real life.
5. Was a great employee, did lots of jobs from service, sales, teaching, office jobs, banking and so on, but something did not feel right, after getting excited for the first months i would quickly reach the maximum i would learn form it and i felt i had to quit.
All the while i kept my entrepreneurial spirit repressed, because you know "career", rent and stuff.
So after lots of arguments with bosses, and sometimes health issues, I noticed that I either quit or got fired from no less than 5 jobs.
6. Met my mentor and moved back to my home country. Noticed I was sick (litterally, i developped breathing and stomach problems, but now all is healed and quite athletic) of living abroad and working for others and this entrepreneurship thing felt quite refreshing.
7. I had started a company prior, "just to see" and getting through the administrative hurdles and the set up was actually easy, but soon i realised i did not know what i was doing and needed guidance.
8. Realised that even with a mentor actually making money in business - when you don't have the security of a regular pay - is hard.
9. Understood that my talent was in setting people, deals, structures and companies up as a business intermediary. However been frustrated with so many "deals" and "negotiations" going hay wire (i.e. last minute arguments on the price and payment method, signed contracts where "banking issues" creep up, customers that sign contracts and then disappear, sellers that don't perform and let's not count the many deals in the pipeline that never make it to the final steps).
10. So far despite getting pretty close, i haven't cashed in on a single deal yet. Although i made a little bit of money some months ago, I don't count that as a "big real satisfying win".
11. My nerves now are impervious and I notice that I'm a bit detached as opportunities are plenty, I'm more concerned about the people I deal with (buyers, sellers, investors, project owners, partners,financial institutions etc.) and if these "parties" can finish a deal.
This used to be something to do out of curiosity but I now realise that I need to finish and see things through for once.
Any advice from fellow entrepreneurs who've been there, done that? What do the winners have to say? What's the grind like?
Someone in the business i heard said that if you get one win out of 10 deals then you're a boss.
What do you guys think?
Looking forward to hear from you all.
Best,
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